The SMS group has noticed a reluctance among its customers to place orders. It is estimated that order intake in the year coming to a close will total EUR 3.2 billion, putting it below 2011's EUR 3.42 billion. Sales in 2012 are anticipated ...
Tags: international sms, sms india, iron ore price news, steel construction
SSAB EMEA is raising its prices for hot rolled, cold rolled and galvanized coil, as well as heavy plate. Prices are being increased by at least SEK 300 per tonne. The price increases apply to all orders acknowledged after December 5th, ...
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Sierra Iron Ore Corp announced that it will submit two representative samples each comprising of 30 kilos of ore from a new prospective zone. The samples will be comprised of 10 kilo samples that will be collected from 3 holes with a ...
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Bloomberg reported that Vale SA plans to invest the least in 3 years in 2013 as lower prices and slowing demand erode profit. Shares fell for the first time in three days. The Rio de Janeiro based company in a regulatory filing said that ...
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The Australian reported that an ambitious rail plan to create a new Australian steel industry by linking coalfields in the east with mines in the west has taken a step forward with a top Japanese consultancy agreeing to help develop a ...
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Reuters cited Mr Murilo Ferreira CEO of Brazil's Vale SA as saying that he expects iron ore prices to range between USD 110 per tonne and USD 140 per tonne next year. Spot iron ore prices were at USD 116.90 per tonne last week. That was ...
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Pluton Resources Ltd may soon start to export iron ore mined from approximately 60 meters below sea level in the coming weeks. Mr Tony Schoer CEO of Pluton's said that the revenue obtained from this export will be used to fund further ...
Tags: iron ore price news, mining, iron, copper ore mining
MNA cited Mr Rostam Qasemi oil minister Iran as saying that Iran has the capacity to raise its oil production to over 5 million barrels per day by the early 2016. Mr Qasemi said that at present, 4 million barrels of oil and 600 million ...
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According to the statistics released by the Turkish Statistical Institute, in November this year the producer price index for Turkish industry in general rose by 1.66% over October and was up 3.6% YoY while an average rise of 6.98% was ...
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BS reported that taking positive cues from the global markets and a pick up in domestic demand copper prices rose by 0.26% to INR 446.85 per kilogram in futures trade. At the Multi Commodity Exchange, the February copper traded higher by ...
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Blackthorn Resources has hit more high grade copper from the Phase 6 Kitumba drilling program at its Mumbwa project in Zambia. Assay results from drill show that mineralization started from 55 meters with best copper intersections ...
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Catalyst Copper Corporation saw its shares move higher after announcing results from a preliminary economic assessment of its La Verde project in Mexico. The NI 43-101 report, done by AMC Mining Consultants, projected pre tax net present ...
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Bloomberg reported that Aluminium Corporation of China Limited is seeking to tap bauxite resources and build processing plants abroad after Indonesia the largest supplier to China, curbed exports. Mr Luo Jianchuan president of Chalca said ...
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SMM reported that China's manufacturing PMI rose to a 7 month high in November. Risk appetite grew during the European session pushing commodity prices up. The US November manufacturing PMI declined more than expected, increasing ...
Tags: scrap metal price, iron ore price news, aluminum, steel scrap buyers
The Associated Chambers of Commerce and Industry of India has welcomed the provisions of spending of at least 2% of net profit on corporate social responsibility activities in the Companies Bill, mandatory for some of the select corporate, ...
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